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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO.___)*
American Digital Communications, Inc.
(Name of Issuer)
Common Stock par value $0.001 per share
(Title of Class of Securities)
025369109
(CUSIP Number)
July 15, 1998
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosure provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of the section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
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CUSIP No. 025369109 13G
1. Names of Reporting Persons Mees Pierson ICS Limited
or I.R.S. Identifica-
tion Nos. of Above Persons
2. Check the Appropriate Box (a)___________________________________
if a Member of a Group
(b)___________________________________
3. S.E.C. Use Only
4. Citizenship or Place of United Kingdom
Organization
Number of Shares (5) Sole Voting Power 4,230,906
Beneficially
Owned by Each Reporting (6) Shared Voting Power 0
Person With: Power
(7) Sole Dispositive Power 4,230,906
(8) Shared Dispositive
Power 0
9. Aggregate Amount Beneficially
Owned by Each Reporting Person 4,230,906
10. Check if the Aggregate Amount
in Row (9) Excludes Certain
Shares
11. Percent of Class Represented
by Amount in Row 9 17.4%
12. Type of Reporting Person CO
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CUSIP No. 025369109 13G
CONTINUATION PAGES TO SCHEDULE 13G
Item 1(a) Name of Issuer:
American Digital Communications, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
5575 DTC Parkway
Suite 355
Englewood, Co. 80111
USA
Item 2(a) Name of Person Filing:
Mees Pierson ICS Limited
Item 2(b) Address of Principal Business Office:
Camomile Court
23 Camomile Street
London EC3A 7PP, United Kingdom
Item 2(c) Citizenship:
United Kingdom
Item 2(d) Title of Class of Securities:
Common Stock, par value $0.001 per share
Item 2(e) CUSIP Number:
025369109
Item 3. If this statement is filed pursuant to Sections 240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filing is a:
(a) [ ] Broker or Dealer registered under section 15 of the Act
(15 U.S.C. 78o).
(b) [ ] Bank as defined in section 3(a)(6) of the Act
(15 U.S.C. 78c).
(c) [ ] Insurance company as defined in section 3(a)(19) of the
Act (15 U.S.C. 78c).
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CUSIP No. 025369109 13G
(d) [ ] Investment company registered under section 8 of
the Investment Company Act of 1940 (15 U.S.C.
80a-8).
(e) [ ] An investment adviser in accordance with Section
240.13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance
with Section 240.13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company in accordance with Section
240.13d-1(b)(ii)(G);
(h) [ ] A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act (12 U.S.C. 1813);
(i) [ ] A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the
Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j) [ ] Group, in accordance with Section
240.13d-1(b)(1)(ii)(J).
Item 4. Ownership
(a) Amount Beneficially Owned: 4,230,906 shares of Common Stock
(b) Percent of Class: 17.4%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 4,230,906
(ii) shared power to vote or to direct the vote: 0
(iii) sole power to dispose or to direct the disposition of:
4,230,906
(iv) shared power to dispose or to direct the disposition of:
0
Item 5. Ownership of Five Percent or Less of a Class
Not applicable.
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CUSIP No. 025369109 13G
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company.
Not applicable.
Item 8. Identification and Classification of Members of the Group.
Not applicable.
Item 9. Notice of Dissolution of Group.
Not applicable.
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CUSIP No. 025369109 13G
Item 10. Certification.
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were not acquired and
are not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were not
acquired and are not held in connection with or as a participant in
any transaction having that purpose of effect.
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CUSIP No. 025369109 13G
SIGNATURE.
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this Statement is true, complete
and correct.
Dated as of: September 25th, 1998
Mees Pierson ICS Limited
Signature: /s/ Peter Koster
Name: Peter Koster
Title: Acting General Manager
Signature: /s/ Philippe Crichton
Name: Philippe Crichton
Title: Credit Manager
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